Comments on: She Don’t Use Jelly http://moderateleft.com/?p=4205 Blogging at its worst! Sat, 04 Sep 2010 03:13:01 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Pandagon :: A land of unsaleable Canyoneros :: May :: 2008 http://moderateleft.com/?p=4205&cpage=1#comment-204812 Pandagon :: A land of unsaleable Canyoneros :: May :: 2008 Sat, 10 May 2008 17:12:22 +0000 http://moderateleft.com/?p=4205#comment-204812 [...] that America’s reaction to increasing evidence of both peak oil and global warming would be to reduce our average gas mileage was entirely predictable. Some people, when presented with the evidence, were likely to get more efficient vehicles or start [...] [...] that America’s reaction to increasing evidence of both peak oil and global warming would be to reduce our average gas mileage was entirely predictable. Some people, when presented with the evidence, were likely to get more efficient vehicles or start [...]

]]> By: gnaddrig http://moderateleft.com/?p=4205&cpage=1#comment-204806 gnaddrig Sat, 10 May 2008 13:55:50 +0000 http://moderateleft.com/?p=4205#comment-204806 Consumers will act rationally? When did they ever do that? When they kept maxing their credit cards, continually spending more than they earned? When they took out loans to buy houses and cars they obviously couldn't afford even before things went pear-shaped? You must be kidding. How, when, and why would they all of a sudden start acting rationally? At best they will stop one or another of their irrational behaviours before the economic reality forces them to do so. This is not exactly what I call acting rationally, it is coming to one's senses just before disaster strikes. If they are lucky. Consumers will act rationally? When did they ever do that? When they kept maxing their credit cards, continually spending more than they earned? When they took out loans to buy houses and cars they obviously couldn’t afford even before things went pear-shaped? You must be kidding. How, when, and why would they all of a sudden start acting rationally?

At best they will stop one or another of their irrational behaviours before the economic reality forces them to do so. This is not exactly what I call acting rationally, it is coming to one’s senses just before disaster strikes. If they are lucky.

]]> By: Pug http://moderateleft.com/?p=4205&cpage=1#comment-204643 Pug Fri, 09 May 2008 21:11:42 +0000 http://moderateleft.com/?p=4205#comment-204643 Well, look at it this way. There don't need to be any more intellectual or political arguments made by elitist alarmists like Al Gore. "The magic of the market place" is about to impose all those terrible policies Gore advocated. The debate is over. Consumers will act rationally, as they always do, and severely reduce their consumption of gasoline, leading the an eventual decline in the price of oil. It could have been cushioned with better policies, but the first law of economics is about to again reveal its power: That which must happen, will happen. Tthere will be a few painful years for a lot of families, though, as they amortize the cost of that stupid SUV before they buy a new car that gets 30 miles per gallon. Well, look at it this way. There don’t need to be any more intellectual or political arguments made by elitist alarmists like Al Gore.

“The magic of the market place” is about to impose all those terrible policies Gore advocated. The debate is over.

Consumers will act rationally, as they always do, and severely reduce their consumption of gasoline, leading the an eventual decline in the price of oil.

It could have been cushioned with better policies, but the first law of economics is about to again reveal its power: That which must happen, will happen. Tthere will be a few painful years for a lot of families, though, as they amortize the cost of that stupid SUV before they buy a new car that gets 30 miles per gallon.

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